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CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
Palm falls on weak rival oils, crude oil prices, April demand concerns
Indonesia and Malaysia Still Thinking Of Taking European Union To Court
It's an issue between Indonesia, together with Malaysia, against the environmentally conscious European Union (EU) that had been percolating for some time because the bloc is stopping imports of palm oil for biofuel because its mass production causes mass deforestation.
Govt to drop RBD palm oil from Malaysia pact, import duty may rise
The import duty on refined palm oil from Malaysia could soon be increased by 5 percentage points to 50%, as the government plans to remove the commodity from the Malaysia-India Comprehensive Economic Cooperation Agreement, a senior government official said today.
Mooncakes are boosting the demand for palm oil
China’s escalating trade war with the US as well as an upcoming autumn festival are stoking the Asian country’s appetite for a certain golden oil.
Palm oil may peak around 2,344 ringgit
Palm oil may rise to 2,344 ringgit per tonne, as it has cleared a resistance at 2,286 ringgit per tonne.
Malaysia hopes to pay for military equipment with palm oil
Malaysia has struggled to update its defense equipment over the years and a cut in its defense budget this year all but derailed efforts to replace navy ships, some of which have been in service for 35 years or more.
Japan, U.S. leaders reach basic accord on trade
Tokyo and Washington aim to sign their trade agreement at the next bilateral summit to be held on the sidelines of a U.N. General Assembly session in New York in late September.
China imposes 5%-10% additional import tax on four US soybean varieties
China will impose an additional 5%-10% import tax on four US-origin soybean varieties from September 1, the Ministry of Finance announced Friday.
Europe unfair in condemning our clearing of jungles
Malaysia was chastised for the so-called destruction of forests to replace them with oil palm, rubber and durian trees.
US-China trade tension thickens
US President Donald Trump alleged that China has been cheating in bilateral trades for 25 years. The comments came hours before Trump administration approved the sale of arms to Taiwan worth US$2 billion.
